The Kehrig Real Estate Team's Market Report

Danville, CA

Single-Family Homes

Coldwell Banker Realty | 925-487-6838



Danville, CA

Sat Feb 04 2023
This week the median list price for Danville, CA is $2,298,900 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has decreased to 38. Click here to stay informed with the Danville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Danville, CA

Sat Feb 04 2023
This week the median list price for Danville, CA is $2,298,900 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has decreased to 38. Click here to stay informed with the Danville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Danville market.
Median List Price $2,298,900
Median Price of New Listings $2,186,900
Per Square Foot $789
Average Days on Market 90
Median Days on Market 109
Price Decreased 39%
Price Increased 3%
Relisted 18%
Inventory 38
Median Rent
Market Action 43
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$4,649,000 5,400 0.5 - 1 acre 5 6 1 1 0 140
$2,599,000 3,388 0.25 - 0.5 acre 4 3 39 2 1 119
$2,137,000 2,943 8,000 - 10,000 sqft 4 3 45 4 3 66
$1,622,500 1,998 6,500 - 8,000 sqft 3 3 42 3 2 17